Maddie Recently Short Sold 400 Shares of Common Stock for $25

question 95

Multiple Choice

Maddie recently short sold 400 shares of common stock for $25 a share. Her initial margin requirement was 70% and the maintenance margin is 35%. The stock is currently trading at $22.22 a share. What is her current short position in this stock?

• A)$2,666
• B)$7,000
• C)$8,888
• D)$10,000
• E)$11,333

---

Definitions:

Cells Group

A collection of adjacent cells, typically in a spreadsheet, that are treated as a single entity for formatting or data manipulation purposes.

Zoom Slider

A graphical control element allowing users to change the magnification level of a document, image, or map.

Status Bar

A graphical control element at the bottom of a window that displays information about the current status of the application or document.

Office Clipboard

A feature within Microsoft Office applications that allows users to copy and store multiple items across Office programs.